U.S. Silica Holdings Inc. (SLCA) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
24275 KATY FREEWAY KATY, TX 77494 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| Industry (SIC) | 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 245,716 | 280,845 | 239,425 | 150,920 | 185,740 | 202,498 | |||
| Cash and cash equivalents | 245,716 | 280,845 | 239,425 | 150,920 | 185,740 | 202,498 | |||
| Receivables | 184,866 | 203,992 | 177,744 | 164,626 | 169,198 | 191,684 | |||
| Inventory, net of allowances, customer advances and progress billings | 149,429 | 147,626 | 115,713 | 104,684 | 124,432 | 162,087 | |||
| Inventory | 149,429 | 147,626 | 115,713 | 104,684 | 124,432 | 162,087 | |||
| Prepaid expense | 628 | 475 | 2,200 | ||||||
| Other undisclosed current assets | 20,733 | 24,821 | 43,033 | 65,455 | 29,195 | 41,768 | |||
| Total current assets: | 600,744 | 657,284 | 575,915 | 486,313 | 509,040 | 600,237 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 3,205 | 3,286 | 3,448 | 339 | ✕ | ||||
| Operating lease, right-of-use asset | 37,890 | 39,088 | 38,793 | 37,469 | 53,098 | ✕ | |||
| Property, plant and equipment | 1,125,220 | 1,178,834 | 1,258,646 | 1,517,587 | 1,826,303 | ||||
| Intangible assets, net (including goodwill) | 317,033 | 326,458 | 335,703 | 345,231 | 457,339 | 455,966 | |||
| Goodwill | 185,649 | 185,649 | 185,649 | 185,649 | 273,524 | 261,340 | |||
| Intangible assets, net (excluding goodwill) | 131,384 | 140,809 | 150,054 | 159,582 | 183,815 | 194,626 | |||
| Regulated entity, other noncurrent assets | 20,259 | ||||||||
| Other noncurrent assets | 12,501 | 9,630 | 7,095 | 9,842 | 16,170 | 18,334 | |||
| Other undisclosed noncurrent assets | 1,347,494 | ||||||||
| Total noncurrent assets: | 1,495,849 | 1,557,296 | 1,643,685 | 1,760,634 | 2,044,194 | 2,300,603 | |||
| TOTAL ASSETS: | 2,096,593 | 2,214,580 | 2,219,600 | 2,246,947 | 2,553,234 | 2,900,840 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 147,479 | 216,239 | 167,670 | 121,920 | 248,237 | 216,400 | |||
| Taxes payable | ✕ | ✕ | ✕ | 1,200 | |||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 15,421 | 11,269 | 18,431 | 18,502 | ||
| Accounts payable | 123,667 | 182,555 | 134,494 | 90,564 | 181,029 | 178,804 | |||
| Accrued liabilities | 18,882 | 27,213 | 13,130 | 10,169 | 18,090 | 14,604 | |||
| Other undisclosed accounts payable and accrued liabilities | 4,930 | 6,471 | 3,425 | 9,918 | 30,687 | 4,490 | |||
| Deferred revenue | 3,124 | 16,275 | 4,247 | 13,545 | 15,111 | ✕ | |||
| Debt | 16,367 | 19,535 | 18,285 | 42,042 | 18,463 | ||||
| Self insurance reserve | 1,700 | 1,800 | 2,100 | 1,800 | 4,100 | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 31,612 | ||
| Other undisclosed current liabilities | 17,180 | 18,101 | 13,569 | 15,588 | 49,487 | 13,327 | |||
| Total current liabilities: | 185,850 | 271,950 | 205,871 | 194,895 | 335,398 | 261,339 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 823,670 | 1,037,458 | 1,193,135 | 1,197,660 | 1,213,985 | 1,246,428 | |||
| Long-term debt, excluding current maturities | 1,037,458 | 1,193,135 | 1,197,660 | 1,213,985 | 1,246,428 | ||||
| Finance lease, liability | 1,961 | 2,153 | 2,485 | 295 | ✕ | ||||
| Other undisclosed long-term debt and lease obligation | 821,709 | (2,153) | (77,615) | (76,656) | (117,964) | ||||
| Liabilities, other than long-term debt | 231,546 | 200,478 | 131,381 | 175,940 | 195,107 | 221,930 | |||
| Deferred revenue | 12,388 | 14,477 | 16,494 | 20,147 | 35,523 | ✕ | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 81,707 | ||
| Asset retirement obligations | 24,700 | 25,800 | 18,400 | ||||||
| Deferred income tax liabilities | 100,458 | 64,636 | 44,774 | 49,386 | 38,585 | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 28,715 | 30,911 | 32,935 | 48,169 | 58,453 | 57,194 | |||
| Other liabilities | 34,896 | 25,976 | 37,178 | 33,538 | 36,746 | 64,629 | |||
| Operating lease, liability | 55,089 | 64,478 | 75,130 | 76,361 | 117,964 | ✕ | |||
| Other undisclosed noncurrent liabilities | 75,130 | 51,661 | 92,164 | 118,839 | |||||
| Total noncurrent liabilities: | 1,055,216 | 1,237,936 | 1,399,646 | 1,425,261 | 1,501,256 | 1,587,197 | |||
| Total liabilities: | 1,241,066 | 1,509,886 | 1,605,517 | 1,620,156 | 1,836,654 | 1,848,536 | |||
| Equity | |||||||||
| Equity, attributable to parent | 849,308 | 696,685 | 604,215 | 615,260 | 705,217 | 1,044,820 | |||
| Common stock | 877 | 854 | 845 | 827 | 823 | 818 | |||
| Treasury stock, value | (196,745) | (186,196) | (186,294) | (181,615) | (180,912) | (178,215) | |||
| Additional paid in capital | 1,249,460 | 1,234,834 | 1,218,575 | 1,200,023 | 1,185,116 | 1,169,383 | |||
| Accumulated other comprehensive income (loss) | (125) | (1,723) | 349 | (8,479) | (19,854) | (15,020) | |||
| Retained earnings (accumulated deficit) | (204,159) | (351,084) | (429,260) | (395,496) | (279,956) | 67,854 | |||
| Equity, attributable to noncontrolling interest | 6,219 | 8,009 | 9,868 | 11,531 | 11,363 | 7,484 | |||
| Total equity: | 855,527 | 704,694 | 614,083 | 626,791 | 716,580 | 1,052,304 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,096,593 | 2,214,580 | 2,219,600 | 2,246,947 | 2,553,234 | 2,900,840 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,552,022 | 1,525,147 | 1,103,879 | 845,885 | 1,474,477 | 1,577,298 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (1,020,627) | (1,070,189) | (794,983) | (575,070) | (1,133,293) | |||
| Gross profit: | 531,395 | 454,958 | 308,896 | 270,815 | 341,184 | 1,577,298 | ||
| Operating expenses | (256,056) | (284,004) | (280,961) | (390,427) | (694,139) | (577,702) | ||
| Other undisclosed operating loss | (1,163,129) | |||||||
| Operating income (loss): | 275,339 | 170,954 | 27,935 | (119,612) | (352,955) | (163,533) | ||
| Nonoperating expense | (79,770) | (66,955) | (65,011) | (55,535) | (75,953) | (66,420) | ||
| Other nonoperating income | 21,939 | 10,643 | 6,146 | 24,350 | 19,519 | 4,144 | ||
| Interest and debt expense | (101,709) | (77,598) | (5,059) | (5,131) | (5,597) | (4,044) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 93,860 | 26,401 | (42,135) | (180,278) | (434,505) | (233,997) | ||
| Other undisclosed income from continuing operations before income taxes | 101,709 | 77,598 | 5,059 | 5,131 | 5,597 | 4,044 | ||
| Income (loss) from continuing operations before income taxes: | 195,569 | 103,999 | (37,076) | (175,147) | (428,908) | (229,953) | ||
| Income tax expense (benefit) | (49,080) | (26,159) | 2,755 | 60,025 | 99,151 | 29,132 | ||
| Income (loss) from continuing operations: | 146,489 | 77,840 | (34,321) | (115,122) | (329,757) | (200,821) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (34,321) | (115,122) | (329,757) | (200,821) | |
| Net income (loss): | 146,489 | 77,840 | (34,321) | (115,122) | (329,757) | (200,821) | ||
| Other undisclosed net income attributable to parent | 436 | 336 | 560 | 1,028 | 675 | 13 | ||
| Net income (loss) available to common stockholders, diluted: | 146,925 | 78,176 | (33,761) | (114,094) | (329,082) | (200,808) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 146,489 | 77,840 | (34,321) | (115,122) | (329,757) | (200,821) | ||
| Other comprehensive income (loss) | (229) | (86) | (2,822) | (2,651) | 1,084 | (143) | ||
| Other undisclosed comprehensive income (loss) | 1,827 | (1,986) | 11,650 | 14,026 | (5,918) | (951) | ||
| Comprehensive income (loss): | 148,087 | 75,768 | (25,493) | (103,747) | (334,591) | (201,915) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 436 | 336 | 560 | 1,028 | 675 | 13 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 148,523 | 76,104 | (24,933) | (102,719) | (333,916) | (201,902) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.